The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1887-09-29
THE INDIrsTRrAL SITUATION.

Inc lnQu6trlal eltuatlCu ID very aCtivo,
and manufacturers are crowded with
orders. Railroad building is in active
progress in many of the Southern States.
and the rolling mills in Chattanooga and
Birmingham have orders for months
ahead. Returns from the Southern cot.
ton mills show important improvement,
the consumption of cotton having
increased over 10000 bales in the past
twelve months, or nearly five and one.
half per cent. The total number of mills
up to Sept. /, 1887, was 249, the number
of spindles 1,213,346, the number OF
looms N,963, the cotton consumed per
year, 401 ,452 bales.
New companies being rapidly formed,
in the past three months thirty.two new
factories have been organized, divided as
follows: Alabama 8; Arkansas I; Geor.
gia 2; Louisiana q; North Carolina IL !;
South Carolina 8; Tennessee 2; Texas Z.
is IRON.
Southern iron masters have been
greatly perplexed over the scarcity OF
coke, but this problem / being solved
BY important developments in this
branch. In the past three months,
twelve coke companies have been form
ed; four in Alabama and four in Ten
nessee, two in Virginia and two in West
Virginia, and many others are in pro-
cess of formation. Work is rapidly pro.
gressing on the new blast furnaces in
process of erection in the South. In the
past quarter, eleven new furnace compa.
nies we're organized; 5 in Georgia, 8 in
Mississippi, / in Tennessee, / in Virginia,
and in West Virginia.
GOLD AND SILVER.
One of the features in the past quarter
has been the remarkable development in
gold and silver mining. Much attention
is being paid to this industry, and vastly
improved methods are being adopted. In
the past three months 15 smelling works
have been erected in Arkansas and 81
mining and quarrying companies formed.
In all the Southern States much capi.
tai is being expended in the search for
natural gas. None has been found in
paying quantities, but the prospectora
are greatly encouraged. In the past
quarter 81 natural gas and oil well COM
panies have been formed-in Alabama 8,
Arkansas 8, Kentucky 8, Tennessee 8,
Texas g., Virginia 8. In the past quarter
SS woodworking establishments were
formed in the South exclusive of saw
mills-in Alabama %, Arkal ,as 10,
Florida /, Georgia 10, Kentucky 4,
Louisiana 8, Mississippi 8, North Caro-.
lima 13, South Carolina l, Tennessee 8,
Texas /, Virginia 8, and Wsst Virginia 8.
NEW RAILROADS.
Eighty.seven railroad companies have
been incorporated in the past three
months-Alabama 8, Arkansas IL, Flor.
ida 6, Georgia 81, Kentucky 4, Louisi-
ana 2, Mississippi 2, North Carolina 6,
South Carolina /, Tennessee 10, Texas 2,
Virginia and West Virginia 5.
Among the general companies formed
in the past quarter are 20 brickworks, 26
electric light works, 81 street railway
companies and 20 foundry and machine
shops. They are pretty evenly divided
among all the States.
Five glass factories have been organ
lied Two in Alabama, two in Tennessee
and one in Georgia.
a CREST diversity of other industries
have been formed, among them: 48 -four
and grist mills, of which Il were in
North Carolina and II in Texas steel
works 1, aaw mills 81, water works COM
panies 29, coal and ore mines and quar-.
ries 1873; miscellaneous, including land
and development companies and minor
industries, 1873. :.